Replies to post #12320 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***S&P 500 and the 333 day SMA revisited***

For more info on the S&P 500 and the 333 day>>>
*was first discussed (10.12.2005): #msg-8081907
*why am I relying on this average? (10.13.2005): #msg-8112572

Now as an addendum, I would like to note that I analyzed the candlesticks from back in April, and this was a triple test of the 333 day SMA rolled into one month, so far in October, we've had one test, in otherwords, I'd pretty much bet that we are due to go under this very pivotal average at least during an intraday session one more time in October, if not more, the question though will be... Will it get defended yet again? Or the infamous question... Is this time different?...

To put this in another context, what exactly would create a bull-trap strong enough to break the 333 day average with no questions asked?

Well... how about a quick jolt (at least during an intraday session) past 1200?




IRONICALLY, THE POTENTIAL BULL-TRAP PROPOSAL MIGHT JUST CORRESPOND RIGHT WITH A BRIEF INTRADAY BREACH OF THE 200 DAY MOVING AVERAGE?, WHICH I MIGHT ADD IS ACTUALLY TICKING SLIGHTLY LOWER EACH PASSING DAY THE S&P 500 TRADES UNDER 1200!>>>